hellenicshippingnews..

Tankers: Enough Scrap Candidates in the Market as Average Tanker Demolition Age is 22 Years Old Says Shipbroker

Oversupply of tonnage could soon be eradicated in the wet markets, if the current pace of demolition activity is maintained. In its latest weekly report, shipbroker Intermodal noted that “on the crude sector, a very anemic supply growth in 2014 helped …

Tankers: Enough Scrap Candidates in the Market as Average Tanker Demolition Age is 22 Years Old Says Shipbroker Read More »